Why is Fidel Softech falling/rising?

As of 14-Jul, Fidel Softech Ltd is currently priced at 212.00, showing no change (0.00%). The stock has outperformed its sector by 4.48% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 15.97%, while it has seen a slight decline of 1.40% over the past month. The company has demonstrated strong financial performance, with a high return on equity (ROE) of 17.74% and a low debt-to-equity ratio. Additionally, it has reported significant growth in operating profit of 69.01% and has declared positive results for the last four consecutive quarters, contributing to its favorable valuation compared to peers.
In the broader market context, while Fidel Softech has shown a robust year-to-date return of 13.86% and an impressive one-year return of 84.35%, the benchmark Sensex has only increased by 6.08% during the same period. This indicates that the stock is performing well relative to the market. However, there has been a decline in investor participation, with delivery volume falling by 9.09% against the 5-day average, which could suggest a potential concern for future trading activity. Overall, the stock's strong fundamentals and recent performance have contributed to its rising price, despite some signs of reduced liquidity.